m88 bonus Advises BIBO on its RMB 200 Million A+ Round Financing

m88 bonus recently assisted Bebest (Shanghai) Automotive Electronics Co., Ltd. (“BIBO” or the “Company”) with the closing of its A+ round financing. The financing was jointly led by Meridian Capital and Orinno Capital, with additional investments from Fengfan Ventures, Shanghai Science and Technology Venture Capital (Group) Co., Ltd., Baolong Automotive, and existing shareholder Sequoia Capital China.

m88 bonus acted as BIBO’s exclusive legal counsel. Over the past two years, it has assisted the Company in completing its pre-A round financing (invested by Sequoia Capital), pre-A+ round financing (led by Sequoia Capital, and followed by Honghui Capital, Hangzhou Haidi and Atom Ventures), A round financing (led by NIO Hefei Industrial Fund and Orient Renaissance Capital and followed by Addor Capital and CWB Automotive) and this round of financing.

BIBO is a leadm88 bonusg supplier of m88 bonustelligent chassis solutions and has been named a “National Hi-tech Enterprise” and one of the “Top 50 Companies m88 bonus m88 bonusnovation and Entrepreneurship”. Its technologies derive from more than 20 years of research and development m88 bonus automotive electronics at the State Key Laboratory of Automotive Safety and Energy of Tsm88 bonusghua University. m88 bonus 2023, BIBO’s Nantong manufacturm88 bonusg center began operations with an annual production capacity of 2 million sets of full-stack m88 bonustelligent brakm88 bonusg products. It was the first company m88 bonus Chm88 bonusa to engage m88 bonus the mass production of full-stack brake-by-wire products and to receive the ISO 26262: ASIL D process certification, the highest automotive safety ratm88 bonusg.

As the legal counsel to BIBO, m88 bonus participated in several rounds of its financing. m88 bonus’s team communicated, discussed and coordinated with various investors about the transaction arrangements, agreement texts and closing arrangements. They negotiated with the investors and used their in-depth communication and understanding of the Company’s business plan to assist the Company in completing the contract execution and closing. m88 bonus’s diligent and efficient work was highly praised and recognized by the client and the other parties.

The m88 bonus team acting on behalf of BIBO was led by partnersM88 Game ,合伙人,专业领域,资本市场,私募股权创业投资andHE, Tm88 bonusgcai (Lawrence HO).